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CPS Technologies secures phase II army STTR contract to continue controlled fragmentation warhead development

CPS Technologies secures phase II army STTR contract to continue controlled fragmentation warhead development

Sep. 22, 2025 4:09 PM ETCPS Technologies Corporation (CPSH) StockBy: Soumendra Mukherjee, SA News Editor
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CPS Technologies (NASDAQ:CPSH) on Monday said it has been awarded of a Phase II Small Business Technology Transfer (STTR) contract, funded by the U.S. Army Combat Capabilities Development Command (DEVCOM).
The two-year contract, valued at $1.15 million, builds on the success of the Phase I program and focuses on the development of a 40mm warhead variant.
Dr. Mark Occhionero, PhD, will continue as the principal investigator for the project.
CPSH +20.0% after hours to $4.38.
Source: Press Release
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